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Made byShubham agarwal
What is Ecommerce ?
Ecommerce (e-commerce) or electronic commerce, a subset of ebusiness, is the purchasing, selling, and exchanging of goods and services over computer networks (such as the Internet) through which transactions or terms of sale are performed electronically. Contrary to popular belief, ecommerce is not just on the Web. In fact, ecommerce was alive and well in business to business transactions before the Web back in the 70s via EDI (Electronic Data Interchange) through VANs (Value-Added Networks).
What is E-business
E-business (electronic business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners. One of the first to use the term was IBM, when, in October, 1997, it launched a thematic campaign built around the term. Today, major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities. Companies are using the Web to buy parts and supplies from other companies, to collaborate on sales promotions, and to do joint research. Exploiting the convenience, availability, and world-wide reach of the Internet, many companies, Ex: Amazon.com, the book sellers, have already discovered how to use the Internet successfully.
Types of Ecommerce
B2B (Business-to-Business) Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. Pricing is based on quantity of order and is often flexible. B2C (Business-to-Consumer) Businesses selling to the general public typically through catalogs utilizing shopping cart software. By dollar volume, B2B takes the prize, however B2C is really what the average Joe has in mind with regards to ecommerce as a whole. Having a hard time finding a book? Need to purchase a custom, high-end computer system? How about a first class, all-inclusive trip to a tropical island? With the advent ecommerce, all three things can be purchased literally in minutes without human interaction. Oh how far we've come! C2B (Consumer-to-Business) A consumer posts his project with a set budget online and within hours companies review the consumer's requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project. Elaborate empowers consumers around the world by providing the meeting ground and platform for such transactions. C2C (Consumer-to-Consumer) There are many sites offering free classifieds, sale, and discussion where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBay's auction service is a great example of where person-to-person transactions take place everyday since 1995.
Building an ecommerce site involves three stages which are as follows.
Creating Customized Shopping Cart :- Shopping Cart is like a store front where you can display your products, catalogue, price etc. The customer comes to your store through website and selects the item which he requires, after selection gets completed he will be shown with the total amount to be paid for the items he has selected. He would be given an option for paying through Credit Card and complete the transaction. Approaching Payment Gateway Service Provider :- Now the Payment Gateway Service Provider comes into picture who are authorized to accept credit card on behalf of merchant. It may be a Bank or Authorised Company who can accept and process credit card online. They Provide us with the payment gateway software that needs to be integrated with the website to enable secure transaction. The providers are been certified by Digital Certified Authorities like Verisign, Thwate etc which build trust among buyer and can transact safely.
Integrating Payment Gateway with your Website :- This is very
important part and the last stage of completing you epresence.Our Team at Cyberweb Global Services Ltd will integrate the Payment Gateway software with your website to carry online transaction safely and securely.
Example of ecommerce in ebay
E-Business Life Cycle Project Delivery Phases
EBusiness Life Cycle Phase
Thru years of experience The Information Age, Inc. has forged a proprietary methodology for successfully delivering our projects. We view eBusiness solutions and our delivery as an eBusiness LifeCycle with the following phases:
eSWOT Analysis - SWOT (i.e. Strength, Weakness, Opportunity, Threat) analysis is provided from an eBusiness perspective. Design - The web presentation is designed, presented, adjusted, and approved by the customer before the project proceeds. Organization - Web content is identified and organized. Specific emphasis is given to identifying content as either static, dynamic, functional, database, or help. Development - Systems are developed to manage web content using a standard web browser via the Internet. Administrative controls are designed to meet the specific needs of our customer (again, via a standard web interface). Deployment - Review, testing, training, Search (Engine) Propagation, and deployment are achieved upon completion. Management - Ongoing systems management and support are provided as all of our solutions are hosted in our underground data center. Additionally, eBusiness solutions must be promoted initially and on an ongoing basis to achieve their maximum value.
Business Services >> Transaction Banking
ICICI Banks transaction banking solutions are designed to facilitate efficient cash flow management, comprehensive and customised MIS and simplify the workload of the accounts team.
With the use cutting edge technology ICICI Bank solutions give our clients a distinct edge to
• Drive down operational costs • Ensure regularities in day-to-day operations • Strengthen bottom line. General Banking With advanced technological features and wide
network of branches and channels ICICI Banks current account travels a distance with the customer's business. It sets the industry standards in terms of “anytime, anywhere banking” including powerful electronic fund transfer and RTGS options.
Cash Management Services Our comprehensive collection and
payment services are delivered across India's largest CMS network of over 4500 locations. This simplifies your management of accounts receivables and payables. It also frees your Accounts personnel to focus on more critical, value-added tasks.
Global Trade Services
As Indian corporates go global, ICICI Bank is setting new standards of excellence in Trade Finance. Our streamlined cross-border trade processes meet six-sigma standards. Faster remittances ensure better cashflow